LotCalculator

Calculator for quick and continuous calculation of the size of the trading lot.

The calculator works in two basic modes. Traditional mode (Long or Short) and the calculation mode of the lot within the price channel (Long or Short to Level), allows efficient speculative trading with the trend on pullbacks prices.

To calculate the lot size in traditional mode is sufficient to indicate the value in the calculator StopLoss magnitude parameters. For
calculating the size of the lot price channel within the user must
means the trading terminal installed on the vertical line of the graph.
To accurately determine the price channel boundaries, local minimum and
maxima calculator will use the price of only one side of the chart,
which is arranged after a vertical line user.

Options

• Calculator - calculator mode.


• Money - deposit amount allocated for trade and equal to the maximum possible loss on the position to be opened.


• LeverageLimit - the actual size of leverage on selected trading instrument.


• StopLoss - the maximum price change that is your open position must be able to withstand.


• CustomLevel - local level, which is measured StopLoss (used only in special modes).

Capabilities

• Calculation trading lot StopLoss to count from the current price.


• Calculation trading lot with a count of predetermined StopLoss local level.


• Calculation trading lot for several values ​​of the price within the specified price channel to trade on pullbacks.


• Manual and automatic input of the local levels of values.


• Integrated determining local levels.


• Indicator to determine the size of the lot to reinvest profits from an already open position in compliance with the set StopLoss.


• StopLoss in size indicator parameters may be specified explicitly or in the form of price StopLoss Level value with minus sign.


• Money in size indicator parameters may be specified explicitly, as well as the percentage of the deposit on a trading account or a capital reserve unused value with minus sign.

LotCalculator indicator calculates the possible trade size for the deposit of the Money option.

At zero value of the parameter Money indicator it uses for its calculations the current value of the deposit on the trading account.

At zero StopLoss parameter indicator offers its systemic importance of this parameter for each trading instrument.

The results of the parameter of the indicator K - is the level of speculation, indicating how many times will increase the deposit if after the opening of the trading position of the instrument's price will return to the local level of significance.

The results of the parameter of the indicator Money, indicated in brackets - is the amount that is sufficient to open a position with the specified parameters. The sufficiency of the sum means that the rest of the deposit allocated for trade can not be used due to the fact that it is not enough to open even the minimum lot on selected trading instrument.

This calculator may be used in any trading and scripts through iCustom () function.

• Current calculated value is stored in the trading lot indicator buffer zero bar number 1.


• Current calculated value stored in the speculation level zero bar indicator buffer number 2.

calculator data can also be obtained through the global variables of the client terminal.

current
the calculated value of the trading lot is stored in the global variables
names like: LotCalculatorName and LotCalculatorId, and the current
calculated value speculation level is stored in the global
Variables with names like: LotCalculatorNameK and LotCalculatorIdK, where
Name - Name Symbol trading tool (), Id - identifier
ChartID () schedule.

Some trading tools, in accordance with the trading rules may have a floating leverage. Using a light, ensure that the indicator value is set to trade shoulder corresponding to the estimated size of the trading lot. This indicator has a certain error. Using the indicator in real trading, you agree that his error in the calculation of trading lot is acceptable for you.

Related posts

• 
  

  PipFinite Channel Flow

  
  

  PipFinite Channel Flow Pipfinite offers unique, high-quality and accessible tools of the trade . Our tools can not fit your trading style, so we strongly...

  
  


• 
  

  SAMI SAYDAM RESISTANCE AND SUPPORT

  
  

  SAMI SAYDAM RESISTANCE AND SUPPORT INDICATOR This insightful and accurate indicator of support and resistance levels. He moves them right in time and...

  
  


• 
  

  Mini Dashboard

  
  

  Mini Dashboard The indicator displays information about: title currency pair and timeframe. current price bid. time before the close of the candle. the...

  
  

Next posts

• Base Channel


• Channel Notifier MT4


• BinarySniper